Sam Affanhe, REALTOR®
Bryan and College Station, TX Real Estate
Read my blog below
New Lakeridge Townhomes in College Station, TX Expected to Follow The Success of Builders Predecessors
February 1st, 2010 Categories: College Station Neighborhoods, Community Information, Local Attractions/Spotlights, New Home Builder Spotlight
Lakeridge Town Homes will mark the 3rd Development from Starfish Development Group here in College Station. The first two, Waterwood Townhomes (2003-2007) and River Oaks (2007-2009), have proven to be well received by both parents/investors and residents alike given their continued demand as premier college living along with the success on the cash flow and property appreciation side of things. Waterwood was 170 units, River Oaks was 97 units and Lakeridge will total 210 units.
Out of the current 267 units, from Waterwood and River Oaks townhomes, Starfish Development has only been able to retain 12, which have consistently leased out annually. Since their inception into the real estate market here in College Station, Starfish Development properties have seen an average price appreciation increase of just over 5%
ONLY 41 units will be available for move-in come August of 2010. So we are encouraging all potential buyers to strongly consider making a decision in the near future. We have already had much interest in Lakeridge and expect it to only increase. For investor clients, this property bodes well on the cash flow side, and if a move is made in the near future, I do not see an issue with leasing out that specific unit. As I alluded to above, there has been much interest expressed in Lakeridge up to this point.
The units at Lakeridge Townhomes will be 2, 3, and 4 BDRM units with large floor plans, own private bath, and your own spacious walk-in closet. I imagine that investors would express a particular interest in the 4 BDRM layouts. From an investor’s perspective, the 4 BDRM, frankly, cash flows better and is a more logical investment on paper.
Currently, there are early bird specials to the first 20 buyers. This includes a free 46″ LCD flat screen TV along with a free washer/dryer to the first ten buyers. Also, we have implemented a price incentive for pre-construction sales. The result of this is an $8000 sales price discount.
Please send me an email at sama@century21bcs.com or give me a call at 979-314-1399 to learn more or to take a tour of a model unit. Once again, much interest has been expressed in this development and time is of the essence.
I also have floor-plans and a price sheet available by request, Thank you.
Hey Sam! Where is this going to be located at?
Hey Megan,
Harvey Mitchell Parkway(2818) and Wellborn Rd. Right across from the Woodlands of College Station.
please give me a call interested in purchasing ….. richard liles
Please email pricing information regarding this development. I believe it is under construction and only 41 units could be ready for August 2010. Interest is in the 2 or 3 BR units. Thanks for your assistance.
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